Tag: Writing

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Steve Madden to Buy Kurt Geiger for About $360 Million

Luxury footwear and fashion accessory brand Kurt Geiger has been acquired by Steven Madden Ltd. for $360 million.

NIH Indirect Cost Cuts Spark Funding Concerns

Trump administration's proposed NIH funding cuts face legal challenges and concerns of industry leaders. The cuts, impacting indirect research costs, could have consequences for drug development, research projects, and the future of biomedical research.

US Stocks: Mixed Close as Investors Await Inflation Data, Fed Powell Testimony

U.S. stocks closed mixed Tuesday as investors digested more tariff policy shifts from President Donald Trump and looked ahead to upcoming inflation data.

Bank of America Expects Record Net Interest Income in 2025

Bank of America forecasts record net interest income by 2025 due to growth in consumer banking.

Doximity Stock Jumps 36.29% After Strong Q4 Earnings

Doximity (DOCS) stock jumped 37.6% after Q4 revenue beat estimates, driven by strong platform engagement and AI tool growth.

China's Antitrust Probes Target Silicon Valley Amid US-China Trade War

China's antitrust investigations into Apple, Google, Intel, and Nvidia are the latest salvo in the trade war between the U.S. and China. Apple is getting squeezed on both sides, with the U.S. tariffs on Chinese goods and China's antitrust investigation into its App Store practices. Intel is particularly vulnerable, as China accounts for the bulk of its revenue. Google does very little business in China, but Nvidia is under pressure from both China and the U.S. over its AI chips.

Guinness pubs accuse Diageo of unfair price rises amid surge in demand

Publicans accuse Guinness of unfair price hikes and difficulties obtaining branded glassware, despite the beer's popularity surge as the best-selling pint in Britain's pubs.

CleanSpark Reports $246.8 Million Net Income in Fiscal First Quarter

CleanSpark reports Q1 net income of $246.8 million, or 83 cents per share, on revenue of $162.3 million. Adjusted for non-recurring gains, the company reports a loss of 7 cents per share.

Uber Q4 Revenue Beats Estimates: Time to Buy?

Uber's Q4 Sales Top Estimates: Revenue beats Wall Street expectations, GAAP profit exceeds analyst consensus. Highlights include growth in Monthly Active Platform Consumers and strong Adjusted EBITDA. Read our full research report for further analysis.

SEC Reviews Crypto Regulations and Considers Retroactive Relief

The SEC is reviewing the classification of cryptocurrencies as securities and considering retroactive relief for past token offerings. The White House's Crypto Task Force aims to provide temporary relief under certain conditions and evaluate digital assets' legal status.